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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (5675)	10/28/1999 4:58:00 PM
From: MikeM54321	Respond to of 12823

Ken and Thread, Well it looks like some shots are being fired back at GTE. I had a good chuckle from this article. Although I happen to personally agree with it, it's slightly on the self-serving side.<vbg> MikeM(From Florida) ******************** Cable Industry Delivers Early Holiday Gift to Consumers: $1.1 Billion In Monthly Broadband Savings!** Thanks to Cable, 45 Million Homes Could Save $25 a Month on Broadband REDWOOD CITY, Calif., Oct. 28 /PRNewswire/ -- Autumn leaves aren't the only things falling with the approach of the 1999 holiday season. Prices for digital subscriber line (DSL) service, a form of high-speed Internet access, are dropping thanks to competition from cable-modem service providers such as Excite@Home, a global media company. According to industry figures, DSL service will be available to approximately 45 million homes in the United States by yearend. The average advertised monthly cost of DSL service to these homes has fallen 35%, from $72 in 1998 to $47 in 1999 -- a savings of $25 per month. The potential savings to the 45 million homes total more than $1.1 billion per month -- or $13.5 billion per year. What is causing DSL prices to fall? Industry analysts credit the advent of competition from cable-modem services, which use coaxial television cables to deliver Internet access at speeds up to 100 times faster than conventional dialup services. Prodded by the aggressive rollout of cable-modem services, Regional Bell Operating Companies, the so-called Baby Bells, have speeded up their deployment of DSL services and lowered their prices. Some of the DSL providers have also responded by lobbying government officials to slow down cable deployments by regulating it and filing court challenges to cable's efforts. ``As accelerated cable deployment has forced companies like GTE to dramatically cut its prices, it's not surprising that GTE is spending millions on lobbyists and lawyers to prevent consumers from reaping the benefits of competition. But it's clear that free market competition, and not government regulation, is the consumer's best friend,' said David Pine, vice president and general counsel of Excite@Home. ``With cable and phone companies, not to mention wireless and satellite providers, slugging it out with competing varieties of broadband Internet service, consumers can bet on lower prices, more features and more innovation. The free market is working.' SOURCE: Excite@Home <--Key Words<g>